May 7, 2025

Polymarket Eyes $50M Funding Amid Election Betting Season

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The post Polymarket Eyes $50M Funding Amid Election Betting Season appeared first on Coinpedia Fintech News Polymarket is reportedly seeking $50 million in funding as its prediction market experiences a surge in election-related bets. The proposed funding may involve a new token aimed at validating real-world event outcomes, although it’s unclear if this will complement or replace the UMA Protocol it currently uses for dispute resolution. Polymarket has raised $70 million …

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